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1521 E Legrande Avenue, 
Indianapolis, IN 46203

$110,000


2

Beds


1

Bath


768

Sq Ft


Single Family

Active

Listed by

Andy Tresize

Compass Indiana, LLC.

317-563-5051

Last updated:

July 17, 2025, 01:57 PM

MLS#

22036842

Source:

IN MIBOR

About This Home

1521 E Legrande Avenue

Expand your portfolio with this promising 2-bedroom, 1-bathroom single-family home located near the vibrant neighborhoods of Garfield Park, Bates-Hendricks, and Fountain Square. With a wave of investment and revitalization happening in the area, this property is primed for growth and opportunity. Currently occupied by a tenant on a month-to-month lease, the property generates $1,200/month in rental income, and estimated market rent is $1,320. The home has been updated with a newer roof, fresh paint, modern light fixtures, contemporary appliances, and a renovated kitchen and bathroom, making it an appealing option for tenants and minimizing upkeep for owners. Positioned on the near southeast side, this home offers convenient access to a variety of amenities, including schools, parks, and shopping centers. It's strategically located near major thoroughfares such as S Keystone St, Raymond St, and Madison Ave, along with highways I-70 and I-65, facilitating easy commutes to significant employment centers like 16 Tech, IU Health Methodist Hospital, Eli Lilly, and downtown Indianapolis. This property is part of a comprehensive 16-property investment portfolio, which includes 11 duplexes, 3 single-family homes, and 2 vacant lots, and is not available for individual purchase. This portfolio presents a rare opportunity to secure a diverse range of properties in a dynamic and growing area. Don't miss this chance to be part of the dynamic growth in these popular Indy neighborhoods and enhance your investment portfolio!

Home Facts

Single Family

1 Bath

2 Bedrooms

Built in 1926

Price Summary

110,000

$143 per Sq. Ft.

MLS #:

22036842

Last Updated:

July 17, 2025, 01:57 PM

Added:

2 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

768 Sq. Ft.


Structure

Structure

Architectural Style:

Bungalow

Building Area:

1,536 Sq. Ft.

Year Built:

1926


Lot

Lot Size (Sq. Ft):

6,969


Finances & Disclosures

Finances

Price:

$110,000

Price per Sq. Ft:

$143 per Sq. Ft.

Source:IN MIBOR
The information being provided by Metropolitan Indianapolis Board of Realtors is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Metropolitan Indianapolis Board of Realtors All rights reserved.

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